The First Purpose of the Applied Arts Is to __________

question 23

Multiple Choice

The first purpose of the applied arts is to __________.

• A) serve some useful function
• B) enable the artist to get a job
• C) create artworks for museums
• D) maintain traditional art forms

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Definitions:

AVC Curve

The Average Variable Cost curve, which graphs the per unit variable costs of production against the quantity of output.

Average Variable Cost

The total variable costs (such as labor and materials) divided by the quantity of output produced.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity of output produced, indicating the cost of producing each unit of output.

Variable Costs

Costs that vary directly with the level of production or output, such as materials and labor costs.